I bought 10- BTC for 15 000. And now I want to sell only on 10 000. Be aware
It is your fault know all the coins are little down in the market so you must stay in same place after August everything should be normal. Again Bitcoin is cross the 15k USD so you must hold for long term you will earn more profit. Otherwise you will loose your money because all the Cryptocurrencies are depends demands and supply you should create negative feedback you may suffer in future.
Why come back after 5 years to bitcoin? A lot of good news happens by that year and price we can say will be expensive throghout the years. Their is a risks so when you sell you will lose eventually. Yes when you hold for long term definitely you will earned in crypto. Having a decisions like this for sure you will feel regret losing the good opportunity in bitcoin.
There is no point to explain to him anything, bitcoin price will not go back to 400 dollars, but even if it does it will bounce back and if he leave now he will miss all that for sure. That can't happen, but this guy made us think what if something like that happen and to create some theories.
Price fluctuate all the time, last drop is caused by the sell of in Asia, market lost almost 100 billion dollars in seven days, some alts dropped even more then bitcoin.
Price will go back to 10k dollars in next couple weeks, situation in Asia will be calmed like always, there are some good news and the upcoming events including the Blockchain Week in New York will push price up again in no time. Panic sellers and other week minds will regret for their decisions made in fear like always, some people will never learn.